Qian Hu FY26 H1 profit rises 13.9% to S$ 124,389
Reuters2026/07/24 09:31By:Reuters
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- Qian Hu posted a 13.9% rise in profit to SGD 124,389, as revenue increased 3.7% to SGD 36.37 million.
- Profit attributable to owners swung down to SGD 1,108 from SGD 30,729, while gross profit climbed 7.6% to SGD 13.41 million.
- Operating profit rose 8.2% to SGD 353,353 as other income increased 14.1% to SGD 1.49 million.
- Impairment loss on trade receivables more than doubled to SGD 162,270; net finance costs widened 8.4% to SGD 147,390.
- No interim dividend was declared; the group incorporated 55%-owned Timor Aquahub in Timor-Leste to develop lobster farming and seafood processing.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Qian Hu Corporation Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 56NW2P5HOMWUIKRS) on July 24, 2026, and is solely responsible for the information contained therein.
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